April 2024

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Issue No. 139 (April 2024)

CPA Insights

Arthur Lai, senior consultant at FTI Consulting

Arthur Lai is a Senior Consultant in the Corporate Finance & Restructuring team at FTI Consulting. He talks to A Plus about how he's learning to become a successful, future-ready restructuring advisor, and why he is optimistic about the future of his specialism.

This article was first published in A Plus Issue October 2023

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Tech Source

Understanding the usage of robotic processing automation (RPA) to eliminate repetitive manual computer/system operations

Johnny, an accountant who has been working in a non-government organization for eight years, and Timothy also an accountant, who has been working in a local trading firm for four years, meet each other in a cafe.

Read their conversations about their experience adopting robotic processing automation (RPA).

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Student Matters

Top students and QP graduates of the December 2023 session

Congratulations to the 575 QP graduates who have successfully completed the QP in the December 2023 session, including 14 candidates who were awarded the top students prizes.

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Reminders on Examination regulations and workshop rules

A friendly reminder to students to take a moment and read through the workshop rules in section 3.8.1 and the examination regulation in section 3.9.3 of the QP Student Handbook.

Several cases violating the QP workshop rules or examination regulations in the December 2023 Session were identified. Disciplinary actions were imposed on the convicted students, including:

Disqualification of examination result due to non-compliance with the identity verification requirements.

Marks penalty in examinations from the students' results of the relevant paper for the repeated violation of examination regulations.

Warning letters were issued to students who had violated workshop and examination regulations for the first time, including not attending workshop in a private and secure environment, using the wrong booklets, failing to produce the original docket, writing the name on the cover/ in the answer booklets, ranging/ vibrating mobile phone. etc.

Remember! It is important you honour all workshop rules and examination regulations to avoid any unnecessary penalties.

Recognition of your practical experience

You can start recognizing the practical experience under the revised Practical Experience Framework once you have successfully registered as our QP student.

In case you have been obtaining relevant practical experience under an Authorized Employer ("AE") or Authorized Supervisor ("AS") of the Institute before the QP student registration, prior approval from the Institute must be sought for you to recognize these experience. The Institute will consider it on an individual merit basis when fulfilling all criteria as stated in FAQ Q23.

Upon approval, you can recognize a maximum of 12 months practical experience before your QP student's registration date but not earlier than your date of employment under the AE/ AS.

We welcome the 7 authorized employers and 11 authorized supervisors who have recently joined the Institute's practical experience framework.

For students who have already completed the QP with sufficient practical experience for membership admission, please submit your membership applications on or before 13 May 2024.

Highlights

Opening hours of the Library and Study Room during June 2024 Examination Session

Opening Date: 06 May 2024 – 27 Jun 2024

Monday – Friday: 09:00 – 20:00

Saturday: 09:00 – 12:00

Sunday & Public Holidays: Closed

Disclaimer: Some sections contain information from outside sources. We endeavour to link to reputable sources but the Institute is not responsible for the accuracy of the content and the content does not necessarily represent the views of the Institute.

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